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JRJeff ReynoldsCompass · Seattle

Listed by Don M. Goethals, RE/MAX Extra Inc.

Commercial Industrial
Type
1940
Year built
9,509 sq ft
Lot
360
Days on market

About this property

Prime Ballard Opportunity: Ristorante Picolinos! This exceptional 12,000+ sq ft Italian restaurant is a cornerstone of Ballard's dining scene. Land & building included! Full bar, cafe, coffee shop, & bakery create a one-stop destination. Ideal corner location with high visibility. Cafe thrives 5am-5pm & bakery boasts fresh offerings daily. Restaurant enjoys loyal following (4:30pm-9pm). Both sides see strong, repeat business a testament to quality! Huge upside potential for event catering - multiple indoor/outdoor spaces for weddings etc. Also have .14 acre leased property included for a total of .358 acres hard corner lot. Financials available. PLEASE DO NOT APPROACH ANY EMPLOYEES. Seller is Willing to and sell land and building or business only. Located just blocks from Ballard Locks Good walk rate on bus line.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2402371
Listed
July 18, 2025
Days on market
360
Original list price
$5,500,000

Construction

Year built
1940
Style
62 - Business Opp.
Structure
Mixed Use
Roof
FlatTorch Down

Heating & cooling

Heating
Forced Air
Cooling
Central AirForced Air
Energy source
ElectricNatural Gas

Flooring

Flooring
Ceramic TileConcrete

Lot

Lot size
9,509 sq ft

Terms

Terms offered
CashConventionalOwner Will Carry

Utilities

Water
Seattle
Sewer
Seattle
Power
Seattle

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Mixed Use
  • Flat
  • Torch Down
  • Forced Air
  • Central Air
  • Electric
  • Natural Gas
  • Ceramic Tile
  • Concrete
  • Cash
  • Conventional
  • Owner Will Carry

Listing history

  1. Listed

    $5,500,000

    July 18, 2025

  2. Current price

    $4,950,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$28,825

Principal & interest
$25,030
Property tax (est.)
$3,795

Assumes $990,000 down (20%), a $3,960,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.